Streetbeat News

Macroeconomic

SPY

Former President Donald Trump made an optimistic economic prediction, suggesting potential economic strength despite ongoing recession fears. The discussion on 'The Big Money Show' centered on the potential inflationary impact of Trump's proposed tariffs, highlighting potential economic policy implications.

Portfolio Pulse from

March 18, 2025 | 11:30 am

SPY

The latest US jobs report reveals a nuanced economic picture with steady job growth but a rising unemployment rate. Mohamed El-Erian suggests that the US's economic exceptionalism is facing significant challenges, indicating potential shifts in the labor market and economic performance.

Portfolio Pulse from

March 18, 2025 | 11:30 am

SPY

The S&P 500 index has experienced its fourth consecutive weekly decline, briefly entering correction territory before recovering some ground on Friday, March 14th, 2025. This persistent downward trend suggests ongoing market uncertainty and potential investor concerns.

Portfolio Pulse from

March 18, 2025 | 11:30 am

SPY

White House economic adviser Kevin Hassett predicts strong first-quarter GDP growth between 2% and 2.5%, suggesting continued economic resilience despite previous concerns about potential recession risks.

Portfolio Pulse from

March 18, 2025 | 11:30 am

COP

LLY

NVO

XOM

In a turbulent market environment, energy giants ConocoPhillips and ExxonMobil have demonstrated strong performance, outpacing the S&P 500 year-to-date. Conversely, weight-loss pharmaceutical companies Novo Nordisk and Eli Lilly experienced notable stock declines, driven by concerns over market saturation and less-than-expected clinical trial outcomes.

Portfolio Pulse from

March 18, 2025 | 11:30 am

QQQ

SPY

US stock markets are experiencing significant downward pressure as warnings about potential economic challenges emerge. The Nasdaq 100 and S&P 500 indices are facing their worst trading day of the year, driven by concerns about economic instability, potential recession risks, and ongoing trade tensions.

Portfolio Pulse from

March 18, 2025 | 11:30 am

SPY

Treasury Secretary Scott Bessent indicates the U.S. economy might be experiencing a transition phase, moving away from public spending towards private sector activity. He acknowledges potential economic weakness, describing the current situation as a 'detox period' from government spending. The comments come amid rising unemployment, modest job growth, and the implementation of new trade policies under the Trump administration.

Portfolio Pulse from

March 18, 2025 | 11:30 am

QQQ

Stocks closed higher after a volatile week, with market participants focusing on President Trump's economic strategies, particularly his tariff approach, and its potential implications for consumers and the broader economy. The discussion also touched on Big Tech's position in relation to antitrust considerations.

Portfolio Pulse from

March 18, 2025 | 11:30 am